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India’s fertiliser subsidy model is broken; direct income support is the only way forward: Ashok GulatiIndia’s fertiliser subsidy regime is facing scrutiny; rising global fertiliser and energy prices and rising fiscal pressures expose its ine...- Why market rallied today? Sensex zooms 1,700 points, Nifty closes above 23,600. 4 key factors behind Rs 10 lakh crore gainsSensex and Nifty surged 2% each, adding Rs 10 lakh crore in market cap, as easing oil prices and US-Iran peace hopes boosted sentiment. Bro...
- FM Sitharaman flags global crisis spillovers, unfair burden on developing nationsFinance Minister Nirmala Sitharaman stated that the Global South should not bear the brunt of global imbalances and conflicts. Representing...
- Govt extends anti-dumping duty on aluminium foil imported from China & 3 other nations till DecemberIndia has extended anti-dumping duties on aluminium foil imports. The measure will remain in effect until December 15, 2026. This decision ...
- What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
- DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
- Very short window for India amid China supply-chain shift, says CEA V Anantha NageswaranChina's policies are hindering global supply-chain diversification. India faces a brief opportunity to attract relocating businesses. A pro...
- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- India eyes fiscal support for domestic EV battery supply chainIndia is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...
- Indian government, tech firms running tests for Anthropic's Mythos threatIndia is rigorously testing its critical financial and government software for vulnerabilities to Anthropic's powerful Mythos AI. Tech gian...
- Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
- Singapore, US, UK lead in foreign cos entering IndiaForeign companies are increasingly setting up shop in India. Singapore, the US, the UK, South Korea, and Germany are leading this trend. Re...
- India's steel ministry flags met coke shortage, seeks withdrawal of anti-dumping dutyIndia's Steel Ministry wants finance ministry to remove import duties on met coke. Domestic supplies are low and prices are high. Steel man...
- Dragon blow: China's spending in April at 6-month lowA broad measure of public expenditure fell 7.3% from a year ago, accelerating from the 2.5% decrease in March to mark its sharpest decline ...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- India weighs $1 billion aid for private electric buses, trucksIndia is considering incentives worth more than $1 billion to encourage private operators to adopt electric buses and trucks as part of eff...
- G7 finance chiefs seek to tackle imbalances as trade strains unityFinance ministers from the Group of Seven are meeting in Paris to discuss global economic tensions, trade imbalances and coordination on cr...
- World imbalances trouble G-7 in wake of Trump’s China encounterGlobal finance ministers convene in Paris to address lopsided world growth, focusing on structural misalignments after the US-China trade s...
- India working on Rs 40,000 crore subsea gas pipeline project to help mitigate risks brought to fore by Hormuz blockadeIndia subsea gas pipeline project: India is accelerating plans for a direct deep-sea gas pipeline from Oman, estimated at ₹40,000 crore, to...
- Containing war impact on growth, current account: PMO stitching up plan to boost foreign fund flowOfficials at both the finance ministry and Niti Aayog are identifying economic opportunities presented by the Iran conflict, as well as gau...
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